Dell’s Swainson: $5 Billion in Software Sales by 2016

http://www.thevarguy.com –
The next step in Dell’s (NASDAQ: DELL) metamorphosis from box maker to solutions builder is a real doozie: How about $5 billion in software sales by 2016, more than double the company’s current run rate, including the expected bump from recently acquired Quest Software (NASDAQ: QSFT)?
The lofty goal is the handiwork of John Swainson, president of Dell Software Group, after but five months on the job. “You have this huge PC business,” said Swainson, in a published report. “To have an impact on Dell’s bottom line, you have to have a meaningful software business.”
Swainson, in out
(IT news)